Time in the crypto world won't automatically bring you wealth; only those who can keep a steady mindset can truly seize opportunities.

Many beginners think this way: "As long as I stick around in the crypto space for a few years and survive a few cycles, wealth will come naturally." But I have seen too many veteran players who have been deeply involved in the market for three or four years, experiencing full bull and bear markets, yet their accounts still show little progress, some even shrinking. They are not lacking in research or diligence; the problem lies in having started off on the wrong path.

These people all share the same flaw. They can't sit still after making a little profit, they want to chase after the market when it slightly rises, and the more aggressive the rally, the more they increase their positions. When it’s time to clear their holdings, they hesitate, and once emotions take over, they throw their trading plans out the window. During bear market corrections, they panic and quickly cut their losses; when the rebound comes, they regret it deeply.

The most ironic thing is, their accounts haven't suffered major losses; what’s truly been depleted are their emotions and patience. Funds are slowly drained through this cycle of indecision and emotional trading.

Why do most people fail to make money in the crypto space? The answer is actually quite simple.

They don't understand market cycles and only focus on price fluctuations, naturally missing out on major cyclical opportunities. They don’t make trading plans and operate purely on feelings, which means they lack a real strategy. Position management depends entirely on mood—greed leads to adding to positions during big rallies, panic causes them to reduce during dips—resulting in being led by the market’s nose. The final outcome is almost always the same: rushing in when the market rises, rushing out when it falls, and gradually shrinking their accounts.

Why am I relatively more cautious? It’s actually very straightforward. I’ve understood a few things from the start. First, only use idle funds for trading, so I can sleep peacefully. Second, enter and exit in stages, never expect to catch the absolute top. Third, avoiding one mistake is often more important than earning one extra profit.

Currently, there are indeed opportunities in this market cycle, as long as you can catch a trend, the results won’t be too bad. But the key is to stay steady. Keep your emotions in check, manage your positions carefully—these are the hardest to do.

The common flaw of losers isn’t that they don’t encounter opportunities; it’s that they simply can’t resist. When there’s no market movement, they get itchy and want to do something. When the market actually moves, they get chaotic and end up losing even more.

This brings us back to a fundamental truth: the market doesn’t reward the most diligent; it rewards those who can wait the longest. Most of the time, do nothing—wait until the critical moment to act. If you can endure and stay steady, without reckless moves, time will naturally be on your side.

You might think you’ve done a lot—constantly trading and busying yourself—but in the end, you’ll realize that staying calm and maintaining your positions is the right way. Time will give you the returns. Most people, however, exhaust all their opportunities in a cycle of chasing highs and selling lows.